Michael Saylor’s Bitcoin Mining Council’s First Quarterly Report
The controversial organization has had its first major public briefing, discussing important aspects of the mining industry.Michael Saylor’s Bitcoin Mining Council with 9 founding and 14 new members, presented their research on energy use in bitcoin mining to the public July 1, 2021, as a first step in attempting to counteract much of the misinformation around this issue.In addition to MicroStrategy CEO Michael Saylor, presenters on the panel included Hut 8 CEO Jaime Leverton, Argo CEO Peter Wall, and Darin Feinstein, founder of Blockcap and Core Scientific.With 14 new member mining....
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A notorious altcoiner tried to test Michael Saylor’s commitment to bitcoin and this is what he got. A meme contest. And in this post, you’ll get to see two of the three winners. Don’t scroll down! You should read the whole story first, to get the full effect. The theme of the discussion was the […]
MicroStrategy’s bold moves into bitcoin wouldn’t be possible without an investor group that’s convinced of its value. The post Who Are The Investors Backing Michael Saylor’s Big Play Into Bitcoin? appeared first on Bitcoin Magazine.
Is Michael Saylor’s side of the story the reality of the situation? Or is he on a damage control tour? The ex-MicroStrategy CEO spent the whole day as a guest in what seems like every US financial show in existence, letting everyone know that this whole thing was his idea. Saylor picked his successor for […]
Michael Saylor’s Strategy (formerly MicroStrategy) is now one step closer to adding another $42B worth of Bitcoin ($BTC) to its balance sheet by 2027. Yesterday, Strategy announced a $2B private offering of 0% convertible senior notes, due 2030. Buyers will then be able to convert these notes into cash or MSTR stock. Most importantly, all […]
Michael Saylor is one of the most vocal supporters of bitcoin and is CEO of MicroStrategy, the company with the largest bitcoin holdings in the world. The CEO has always been a big proponent of the digital asset, taking both a personal and professional stake in the asset. Saylor had revealed in 2020 that he holds over 17,000 BTC. At this time, bitcoin was still trading below $30,000 and Saylor had said that he got all of his holdings for an average of $9,882. Bitcoin has since grown over 100% since the CEO made his big reveal, pushing the value of Saylor’s holdings to almost $1 billion.....